Participated · Seed · Feb 2026

Kash provides a permissionless prediction market protocol that enables any user to create markets, including short-lived flash markets that can last from 15 minutes to several weeks. The platform allows trading with built-in leverage and natively embeds into social media feeds, leveraging familiar user habits on X. Founded by CEO Lucas Martin Calderon, the company is headquartered in George Town, Cayman Islands. Beyond its core consumer product, Kash is extending its infrastructure to third-party platforms, allowing other companies and communities to embed prediction markets for increased engagement and user acquisition. The recent capital raise will be directed toward expanding operations and accelerating product development. No revenue, user counts, or other operating metrics were disclosed in the article.

Participated · Seed · Mar 2025

Combinder is a community-driven DePIN that transforms everyday electrical devices into active participants in the energy market by connecting rooftop solar, HVAC systems, EV chargers, and other devices. Its user-friendly app and $BIND token let participants earn rewards for sharing energy use data and adjusting consumption to help offset high-demand periods. Energy service providers can access a standardized API to streamline demand response, build virtual power plants, and enable peer-to-peer energy trading. The project is building on peaq, the layer-1 for the Machine Economy, and its open beta has enlisted 3,000 participants alongside nine B2B partnerships across smart hardware, virtual power plants, and carbon finance. Combinder closed a $500,000 Pre-Seed round at a $10 million valuation. With the new capital the company plans to accelerate development and expand its network by enhancing the Combinder API to support more device manufacturers and energy asset types.

Participated · Equity · Jul 2024

OpenSocial Protocol provides open-source, modular social infrastructure and tooling (feed, chatrooms, posts, on-chain social graphs, tribes, megaphones and plug-ins such as token issuance, DAO tools, bounties and mini-games) to let creators and communities compose apps quickly and economically. The stack supports both on-chain and off-chain features and emphasizes true ownership of intellectual property, community relationships, and aligned monetization. The project is built by Everest Ventures Group and aims to deploy its infrastructure across major chains while offering a customizable UI layer for creators, moderators, and users. Early product traction includes SoMon, the first app on the protocol, which reached over 30,000 onchain active users in two weeks, ~20 minutes average engagement, and over 300,000 onchain transactions (excluding spam bots). EVG has deployed ~80 developers to develop the infrastructure and OpenSocial aims to help empower and launch 1,000 community apps by 2025. Financially, OpenSocial has raised a total of $26 million to date (a prior $5 million seed round plus $15 million in ecosystem funds, and the new $6 million strategic backing). OpenSocial Protocol is a composable infrastructure layer for building social applications that enables developers and creators to build multichain SocialFi dApps. It provides UI-layer composabilities, ownership of intellectual property and relationships, and monetisation and financial incentives for communities. The protocol has launched its first dApp, SoMon, a decentralized topic-based forum owned by users and communities with degen mechanics and sustainable rewards. Everest Ventures Group (EVG) founded OpenSocial and has set aside a $15M ecosystem fund to support developer adoption; there are 50 additional developers building dApps on OpenSocial outside of EVG. The company says it will use the new funding to expand operations and development efforts. OpenSocial aims to improve community dApps through composable infrastructure and UI-layer building blocks.

Participated · Seed · Jun 2024

Rebar is a Bitcoin analytics software startup developing dedicated Bitcoin-based MEV products and infrastructure. Its core product effort is an alternative to the public mempool intended to help miners organize transactions more efficiently and reduce extractable-value risks. The company also plans to build private mempool solutions similar to those deployed on other chains, along with data products and dashboards. Rebar positions its work as a response to new protocols like Ordinals and Runes that have created MEV opportunities on Bitcoin. The startup says it aims to balance network efficiency with user protection and equitable value distribution. Financially, Rebar completed a $2.9M seed funding round to advance product development.

Participated · Equity · Jun 2024

Covalent develops blockchain data infrastructure that lets users and developers access historical blockchain data in an "Ethereum Wayback Machine." The firm focuses on delivering long-term data availability for blockchain applications. It said it will use the new financing to expand operations in Asia and to bolster adoption in markets such as China and Singapore. Covalent has raised funds via token sales, totaling over $20 million, and its native CQT token traded at $0.17 with a market capitalization of $123.1 million at the time of reporting. In March 2021 the company raised $2 million in a strategic round led by Hashed Ventures with support from Coinbase Ventures, Binance Labs and Delphi Ventures. Arthur Hayes joined Covalent as an advisor and received CQT tokens as compensation.